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ACCA vs. CA: Global Recognition and Career Scope After Class 12th
Having done 12th, students interested in finance tend to seek out courses that are high profile and provide good global career prospects. Two of the most highly sought-after certifications in this area are the CA (Chartered Accountancy) and ACCA (Association of Chartered Certified Accountants). Though both provide for well-respected jobs in finance and accounting, they differ greatly in terms of international acceptance, career path, and flexibility. In this blog, we'll dissect the major differences between CA and ACCA after 12th standard. This guide will assist you in making the correct choice of course depending upon your long-term interests and where you see yourself establishing your career.
Here’s a breakdown of the job designations and their salaries across different CA and ACCA roles:
Job role | CA salary (in INR) |
Tax consultant | INR 2 – INR 4.7 LPA |
Auditor | INR 1-10 LPA |
Financial analyst | INR 2.1 – INR 12.8 LPA |
CFO (senior level) | INR 12 LPA – INR 1 crore |
Job role | ACCA salary (in INR) |
Management accountant | INR 3-25 LPA |
Risk manager | INR 4.5 – INR 25.2 LPA |
Finance manager | INR 3.5 – INR 32.9 LPA |
Indeed, in fields requiring in-depth familiarity with Indian rules and regulations, a certified public accountant is typically preferable. Due to their expertise in Indian systems and standards, chartered accountants are generally preferred in fields such as tax consulting, statutory audit, government finance, and regulatory compliance.
In terms of online education, ACCA provides more freedom. Students and working professionals who want a flexible, self-paced learning strategy will find it ideal because it offers modular content, remote tests, and access to worldwide study platforms.
Indeed, ACCA is becoming more and more well-known in India, especially among international accounting firms and multinational corporations (MNCs). Candidates who complete ACCA's internationally linked curriculum are well-suited for positions in finance, audit, and compliance within India's corporate sector since these businesses adhere to IFRS and international reporting standards.
Yes, ACCA is the choice of many students who find CA's strict framework and poor pass rates difficult to handle. Higher worldwide pass rates, modular tests, and greater flexibility are all provided by ACCA. Additionally, you could be eligible for ACCA exemptions if you have completed some CA levels, which would enable you to carry on with your financial career without having to start again.